Automotive Specialty Concepts Announces the Name Change to Drake Gold Resources Corp.

Automotive Specialty Concepts, Inc. (OTC: AMVS) is pleased to announce that, due to the change in the companies focus to the exploration and production of precious metals, the company will change the name and symbol of the stock to become better known and presentable as a staple in the mining industry. Therefore, a consent resolution has been sent out to a significant portion of our shareholders to approve a name change to "Drake Gold Resources Corp."

The vote has been tallied and approved and the State of Nevada is in the process of filing and completion. We are awaiting a new CUSIP number and symbol from the SEC and NASD, which will be done in the next 7-10 days from what the lawyers have informed the company.

Shown here, the company outlined in a previous press release is the details of the vision the company is now focused on:

"Currently discussions with industry professionals have proved to be very beneficial and the company is preparing for shifts in the management team to better cater to the new vision of AMVS. Several potential high-value properties have already been located and have been under review by the panel of professionals to determine if the area is gold rich and worth further mining efforts and exploitation activity. Although this change is an about-face from the company's previous business model, AMVS believes that the opportunities located in such a venture will be directly connected to the shareholders value and are fully confident in building a strong foundation in 2006."

The new management team is being formed and further announcements are being prepared to update shareholders. AMVS is prepared to issue several Letter of Intents (L.O.I.) to acquire or joint venture the company with assets in the gold industry.

Please contact the IR for any further inquiries regarding the change of vision.

This press release contains forward-looking statements involving risks and uncertainties including statements regarding the Company's future performance. Such statements are based on management's current expectations and are subject to certain factors, risks and uncertainties that may cause actual results, events and performance to differ materially from those referred to or implied by such statements. In addition, actual future results may differ materially from those anticipated, depending on a variety of factors which include, but are not limited to, our ability to leverage our technology, manage our growth, protect our intellectual property rights, attract new customers and general economic conditions affecting consumer spending, including uncertainties relating to global political conditions, such as terrorism and the conflict with Iraq. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. The Company does not intend to update any of the forward-looking statements after the date of this release to conform these statements to actual results or to changes in its expectations, except as may be required by law.

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